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Australian, New Zealand Dollars Slump to 2-Year Lows Versus Yen
The Australian and New Zealand dollars slumped to the lowest levels in more than two years against the yen as a decline in U.S. stocks prompted traders to sell higher-yielding assets financed in Japan's currency.
Euro May Extend Decline to $1.3355 on Charts, Citigroup Says
The euro may extend its decline to $1.3355 should it close this week below so-called support between $1.4310 and $1.4365, technical analysts at Citigroup Global Markets Inc. said.
U.K. Pound Headed for Weekly Decline as BOE Keeps Rate on Hold
The U.K. pound fell against the euro, headed for a fourth weekly loss, after the Bank of England kept interest rates on hold yesterday, likely delaying a recovery in Europe's second-biggest economy.
Canadian Dollar Rises After Report Shows Employers Added Jobs
Canada's dollar advanced after a government report showed employers added more jobs in August than economists forecast, indicating the Bank of Canada may refrain from cutting borrowing costs next month.
Dollar Falls Against Yen as U.S. Employers Cut Jobs in August
The dollar fell against the yen after a government report showed employers in the U.S. cut more jobs last month than economists forecast, indicating weakness in the world's largest economy.
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